1317 W Erie St, Chicago, IL 60642, USA

$ 1,625,000.00

Stunning, turnkey investment opportunity in heart of Noble Square! Freshly delivered in April 2020, this West Town 6-flat was gutted to the studs and already has 3 of the 6 units rented out with the others soon to follow! Three rear 2BD/1BTHs all with private back decks (also brand new) and three front 1BD+Dens. 3 outdoor parking spaces in the rear and shared, coin laundry in basement generating extra income. High end, brand new finishes top to bottom. Wonderful curb appeal. All kitchens feature quartz countertops with breakfast bars, brand new, 2020 stainless steel appliances, and hardwood floors throughout. Gorgeous, modern baths. Easy 9 minute walk to Chicago Blue line or 4 minute walk to Grand 65 Bus.

Basic Facts

Date added: 07/02/20 Post Updated: 2020-07-02 03:19:25 Type: Status:
Year built: 1897 MLS #: 10737407

Rooms&Units description

# Of Units: 6
# Of Bdrms - Unit 1: 2
# Of Bdrms - Unit 2: 2
# Of Rooms - Unit 1: 4
# Of Rooms - Unit 2: 4
# Of Units - Apt. Type 1: 3
# Of Units - Apt. Type 2: 3
# Of Full Bthrms - Type 1: 1
# Of Full Bthrms - Type 2: 1

View on map / Neighborhood

Location Details

Directions: Going South on Noble, take left on Erie, building is on right.
Township: West Chicago
County: Cook
Compass Point: West

Property Details

Area Desc: CHI - West Town
Lot Dimensions: 25X125
Listing Type: Exclusive Right To Sell
Acreage: .06

Property Features

Heat/Ventilation: Gas
# Stories: 3
Air Conditioning: Central Air
# Parking Spaces: 2

Fees&Taxes

Taxes: $ 12.00
Tax Year: 2018

Miscellaneous

Board Number: 8
Tenant Pays: Electric,Heat,Hot Water
Gross Rental Income $: 133200
Gross Rent Multiplier: 12.3
Total Annual Income: 132600
Electricity Expense: 600
Insurance Expense: 2610
Fuel Expense: 600
Repairs-Decor Expense: 2160
Trash Expense: 1800
Total Annual Exp: 32412
Water Expense: 1800
Total Monthly Income: 11050

Courtesy of

List Office Name: Lofty LLC